Dear Shareholders,
The year under review, 2024–25, has been transformative — not
just for your Company, but for the global landscape. Geopolitical realignments, rapid
strides in emerging technologies, climate challenges and disruptions in global supply
chains have all reshaped the way businesses operate. These evolving dynamics have created
both challenges and opportunities, demanding agility, foresight and resilience.
Amidst this macroeconomic environment, I am pleased to report that your
Company has delivered a standout performance. Our ability to recalibrate and respond to
external shifts has been central to our continued growth. We have accelerated digital
adoption across business verticals, strengthened project execution capabilities, and
enhanced customer value through smarter, more sustainable solutions. With a robust order
book, an evolving pipeline of opportunities, and a purpose-led approach to sustainable
infrastructure and development, L&T is well-positioned to lead in a fast-changing
world.
CHAIRMAN AND MANAGING DIRECTOR |
S. N. Subrahmanyan |